Meikles (LSE:MIK) Inventories, Finished Goods: $2,104 Mil (As of Feb. 2024)

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LSE:MIK Meikles Ltd LSE:MIK
17 GF Score
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What is Meikles Inventories, Finished Goods?

Meikles LSE:MIK 17 Inventories, Finished Goods is $2,104 Mil as of Feb. 2024. GuruFocus rates LSE:MIK with a GF Score™ of 17/100.

Meikles's quarterly finished goods increased from Sep. 2022 ($0 Mil) to Aug. 2023 ($381 Mil) and increased from Aug. 2023 ($381 Mil) to Feb. 2024 ($2,104 Mil).

Meikles's annual finished goods increased from Mar. 2021 ($12 Mil) to Mar. 2022 ($53 Mil) and increased from Mar. 2022 ($53 Mil) to Feb. 2024 ($2,104 Mil).

Meikles Inventories, Finished Goods Historical Data

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The historical data trend for Meikles's Inventories, Finished Goods can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Meikles Inventories, Finished Goods Chart

Meikles Annual Data
Trend Dec08 Dec09 Mar11 Mar12 Mar19 Mar20 Mar21 Mar22 Feb24
Inventories, Finished Goods
Get a 7-Day Free Trial Premium Member Only 2.14 6.45 12.34 52.98 2,104.23

Meikles Semi-Annual Data
Dec08 Dec09 Mar11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23 Feb24
Inventories, Finished Goods Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 52.98 0.00 380.74 2,104.23
LSE:MIK
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Meikles Ltd LSE:MIK
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Meikles Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

What does a Inventories, Finished Goods of $2,104 Mil mean?
Meikles (LSE:MIK) has a Inventories, Finished Goods of $2,104 Mil as of Feb. 2024. Finished goods are inventory items that are complete and ready to be sold. View historical data on Meikles and its competitors.
Is Meikles' Inventories, Finished Goods too high?
Meikles' current Inventories, Finished Goods is $2,104 Mil. Overall, Meikles has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Meikles' Inventories, Finished Goods compare to DDS and M?
Meikles' Inventories, Finished Goods of $2,104 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Finished Goods for a Retail - Cyclical company?
A good Inventories, Finished Goods depends on the Retail - Cyclical industry context. However, Inventories, Finished Goods should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Finished Goods mean?
A high Inventories, Finished Goods can signal that a stock is expensive relative to its fundamentals. Finished goods are inventory items that are complete and ready to be sold. View historical data on Meikles and its competitors. Meikles's current Inventories, Finished Goods is $2,104 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meikles stock overvalued right now?
Meikles (LSE:MIK) has a current Inventories, Finished Goods of $2,104 Mil. The current Inventories, Finished Goods is $2,104 Mil. Meikles' overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Finished Goods calculated?
Inventories, Finished Goods is calculated from a company's financial statements. For Meikles (LSE:MIK), the current Inventories, Finished Goods is $2,104 Mil as of Feb. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Meikles Business Description

Address 4 Steppes Road, Highlands, Harare, ZWE
Meikles Ltd is a Zimbabwe-based investment holding company with diversified segments. Its Supermarkets segment operates a chain of stores offering groceries, fresh produce, and household goods, generating the majority of the revenue in Zimbabwe. The Hotels segment provides accommodation, food and beverage services, event hosting, and leisure facilities. The Properties segment develops, leases, and manages commercial properties. The Security Services segment provides on-site personnel to corporate and residential clients, while the Corporate segment oversees administration and strategic planning. Operations are divided between Zimbabwe and non-Zimbabwe, with the majority of revenue coming from Zimbabwe.
17GF Score

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Inventories, Finished Goods is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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